Sapphire Ventures led the round; Partner Rajeev Dham joins the board as Bretton AI accelerates adoption across major financial institutions

SAN FRANCISCO–(BUSINESS WIRE)–Bretton AI, formerly Greenlite AI, today announced a $75 million Series B funding round and the company’s rebrand to Bretton AI, marking an expansion of its mission to define how AI is deployed across financial crime operations in regulated financial institutions.

“We’ve proven that AI agents can operate in production inside the world’s most regulated institutions when built with the right trust and governance foundations.” — Will Lawrence, Bretton AI CEO and co-founderShare

The round was led by Sapphire Ventures, with continued participation from all existing institutional investors: Greylock, Thomson Reuters Ventures, Canvas Ventures, and Y Combinator. New investors include TIAA Ventures. Rajeev Dham, Partner at Sapphire Ventures, has also joined Bretton AI’s Board of Directors. The financing comes less than one year after the company’s Series A.

Bretton AI is trusted by OCC-, FDIC-, and Federal Reserve–regulated banks and global financial platforms including Robinhood, Mercury, Gusto, Lead Bank, and Coastal Community Bank. Its AI agents are used to staff high-volume, mission-critical financial crime workflows, including KYC and KYB reviews, AML and sanctions investigations, and ongoing monitoring.

“Financial crime is the breakout use case for AI in financial services,” said Will Lawrence, CEO and co-founder of Bretton AI. “This work is complex, unstructured, and deeply scrutinized. We’ve proven that AI agents can operate in production inside the world’s most regulated institutions when built with the right trust and governance foundations. Bretton AI represents the next chapter of that ambition.”

At the core of Bretton AI’s platform is its proprietary Trust Infrastructure, a governance system that embeds regulatory guidance, model risk management, continuous AI evaluation, and rigorous quality assurance into every agent. This allows financial institutions to deploy AI that is audit-ready, explainable, and regulator-aligned from day one.

Investigations span dozens of tools and data sources, requiring human analysts to manually stitch together evidence and narratives under evolving regulatory expectations. Bretton AI’s agents operate across systems, reason over messy and incomplete data, and complete investigations in minutes instead of days. The result is immediate ROI, higher consistency, and more defensible financial crime decisions.

“Financial crime compliance is one of the most operationally intensive and critical functions in financial services—and it’s exactly where we think AI can deliver the biggest impact,” said Rajeev Dham, Partner at Sapphire Ventures. “From our perspective, Bretton AI has proven that AI agents can run in production at scale, turning compliance teams into force multipliers rather than cost centers. Will and the team aren’t just helping institutions move faster—they’re defining the trust infrastructure for how AI should be deployed, governed and audited across the global financial system. We couldn’t be more excited to partner.”

Momentum Since Series A

Since the Series A in May 2025, Bretton AI has seen accelerating adoption across top-tier customers, expanded use cases, and systemically important financial institutions. The total market capitalization of companies relying on its platform has grown from $150 billion to over $1 trillion in the past year.

In 2025, Bretton AI signed five new publicly traded companies as customers. Average customer contract value has increased to $201,000, up from $85,000 at Series A in 2025 and $25,000 at Seed in 2023, reflecting growing customer trust and deeper, long-term relationships through production-scale deployments. Bretton AI has helped customers save more than $10 million in compliance-related headcount costs and risk reduction, while eliminating over 195,000 hours of manual compliance work, cementing Bretton AI as industry-standard infrastructure for financial institutions that need to grow without slowing innovation or weakening regulatory compliance.

Bretton AI’s agents now operate at scale across high-volume, mission-critical compliance workflows, having completed more than 1.2 million L1 and L2 financial crime investigations and delivering time-to-value for customers.

Customers are seeing measurable results:

• A $15B+ financial institution reduced BPO spend by $5.35 million in its first year using Bretton AI
• A Fortune 500 company cut institutional client onboarding time by 50%
• An FDIC-regulated bank reduced loan origination timelines by up to 90% by deploying Bretton AI agents across workflows

“Bretton AI has been a force multiplier for our financial crime team,” said Brian Hamilton, President at Coastal Community Bank. “We’ve meaningfully reduced L1 investigation times, improved consistency across decisions and strengthened our overall risk posture as we scale.”

From Greenlite AI to Bretton AI

The rebrand from Greenlite AI to Bretton AI reflects the company’s evolution from an AI tooling provider into a category-defining platform for financial crime operations.

Bretton AI is an homage to Bretton Woods, the post-World War II agreement that helped define the modern financial system. For Bretton AI, AI represents a similar inflection point, enabling financial institutions to grow, innovate, and serve more customers without compromising regulatory trust.

“Greenlite AI was about proving that trusted AI agents could work in compliance,” Lawrence said. “Bretton AI is about defining the standard for how AI operates inside regulated financial institutions. Our mission has expanded, and our name needed to reflect that.”

Enabling Growth Without Compromise

Financial institutions today face mounting regulatory scrutiny while trying to grow their customer base and launch new products. Manual compliance work like reviewing customer identities, investigating suspicious transactions, and monitoring ongoing account activity, has become a brake on innovation.

“But banks can’t just deploy any AI,” said Lawrence. “They need systems built from the ground up for regulatory accountability. The opportunity to help financial institutions operate more safely and efficiently without compromising that trust is enormous. Bretton AI exists to define the industry standard for trustworthy, audit-ready AI in the financial system,” he added.

The Series B funding will be used to expand Bretton AI’s platform across additional financial crime domains, deepen regulatory engagement, and accelerate adoption among larger and more complex institutions. Bretton AI will also continue to invest in product development and grow engineering and go-to-market teams.

About Bretton AI

Bretton AI is the leading AI platform for financial crime operations. Regulated banks and global financial institutions trust Bretton AI’s agents to staff mission-critical workflows across KYC, AML, sanctions, and ongoing monitoring. Built on proprietary Trust Infrastructure, Bretton AI enables financial institutions to deploy AI that meets the highest standards for accuracy, explainability, and regulatory alignment. Founded in 2023, Bretton AI is headquartered in San Francisco.

About Sapphire

Sapphire is a global software venture capital firm with over $11 billion in AUM and team members across Austin, London, Menlo Park and San Francisco. For over 15 years, Sapphire has partnered with visionary management teams and venture funds to back companies of consequence. Since its founding, Sapphire has invested in more than 170 companies globally resulting in more than 30 Public Listings and 50 acquisitions. The firm’s investment strategies — Sapphire Ventures and Sapphire Partners — are focused on scaling companies and venture funds, elevating them to become category leaders. Sapphire’s Portfolio Growth team of experienced operators delivers a strategic blend of value-add services, tools and resources designed to support portfolio company leaders as they scale.

Contacts

Kelly Reilly for Bretton AI
kelly@heycommand.com

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